Key Points Loring Wolcott & Coolidge Fiduciary Advisors LLP MA reduced its stake in Tesla, Inc. (TSLA) by 23.2%, holding 6,254 shares valued at approximately $1,987,000 after selling 1,885 shares. Several hedge funds, including Vanguard and Goldman Sachs, increased their positions in Tesla during the past quarter, highlighting ongoing institutional interest in the company. Analysts have set new price targets for Tesla, with HSBC raising its target from $120.00 to $127.00 while TD Cowen proposed a target of $509.00, reflecting diverse outlooks on Tesla's performance. Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? Several other hedge funds and other institutional investors have also added to or reduced their stakes in TSLA. Vanguard Group Inc. boosted its stake in shares of Tesla by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 246,887,705 shares of the electric vehicle producer's stock worth $63,983,418,000 after buying an additional 3,694,524 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Tesla by 322.1% during the first quarter. Goldman Sachs Group Inc. now owns 26,590,525 shares of the electric vehicle producer's stock valued at $6,891,201,000 after acquiring an additional 20,291,139 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Tesla by 4.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 18,174,941 shares of the electric vehicle producer's stock worth $4,710,218,000 after acquiring an additional 849,091 shares during the period. Amundi boosted its position in Tesla by 29.4% in the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer's stock worth $4,482,789,000 after purchasing an additional 3,814,610 shares during the last quarter. Finally, Invesco Ltd. grew its stake in Tesla by 17.6% in the 1st quarter. Invesco Ltd. now owns 14,786,414 shares of the electric vehicle producer's stock valued at $3,832,047,000 after purchasing an additional 2,211,300 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Get Tesla alerts: